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Index Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
S&P 500 Industrials (Sector) (CME:SP500-20)
Crossroads (+60) - SP500-20 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SP500-20?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SP500-20
The long-term trend has been DOWN since Feb 25th, 2020 at 664.92
The intermediate-term trend has been UP since May 26th, 2020 at 542.89
The short-term trend has been UP since May 18th, 2020 at 509.14
Smart Scan Analysis for SP500-20
Based on our trend formula, SP500-20 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 569.64 | 575.25 | 567.34 | 571.28 | +1.13 |
| Prev. Close | Volume | Bid | Ask | Time |
| 505.54 | 387587374 | 2020-06-01 16:19:52 |
| 52wk High | 680.89 | 52wk High Date | 2018-01-29 |
| 52wk Low | 563.06 | 52wk Low Date | 2018-10-29 |